$325,000
$10K PRICE DROP

490 K St Penrose, CO 81240

Estimated payment $1,872/month

Total Views 3,564
3 Beds
1.5 Baths
1,176 Sq Ft
$276 Price per Sq Ft

Highlights

  • 1.3 Acre Lot
  • Wood Flooring
  • Double Pane Windows
  • Ranch Style House
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

Charming Country Home on 1.3 Acres in Penrose is move in ready! Welcome to this updated 3-bedroom, 1.5-bath home nestled on a private 1.3-acre lot surrounded by mature trees—perfect for anyone craving space and serenity. Inside, you’ll find original hardwood floors and a cozy woodburning stove that adds character and warmth to the living room. The kitchen has updated LVP flooring, stainless steel appliances, and plenty of cabinet space. Each bedroom continues the warm, inviting feel with rich wood floors throughout. Enjoy Colorado’s beautiful weather from either the covered front porch or shaded back patio—ideal spots for morning coffee or winding down. Outside, there’s plenty of room to roam, play, and park! The multi-fenced yard offers space for horses or animals with loafing shed, a designated gardening area, RV parking, and a 2-car garage. Additional peace of mind comes with recent exterior paint and vinyl windows. Located conveniently close to Hwy 115 and Hwy 50, this home offers the ease of commuting to Canon City, Fort Carson, or Colorado Springs while still enjoying a quiet, rural lifestyle. Schedule your showing today before it’s gone!

Listing Agent

Katalena McNew

Keller Williams Performance Realty Listed on: 06/06/2025

Keller Williams Performance Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 1960

Lot Details

  • 1.3 Acre Lot
  • Wood Fence
  • Back Yard Fenced
  • Chain Link Fence

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Stucco Exterior

Interior Spaces

  • 1,176 Sq Ft Home
  • Wood Burning Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Schools

  • Penrose Elementary School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Natural Gas Connected
  • Water Not Available
  • Public Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 99204400

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Fencing: Rear, Chain Link, Wood
  • Lot Size Acres: 1.3023
  • Co List Office Phone: 719-269-7355
  • MLS Status: Active
  • Fireplace Features: Wood Burning
  • Structure Type: Wood Frame, See Prop Desc Remarks
  • Window Features: Double Pane, Vinyl
  • FloodPlain100YRYN: No
  • HOACovenantsExistYN: No
  • Sq Ft MainFloor: 1176
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Wood, Luxury Vinyl
  • Interior Features:Open Floorplan: Ranch

Exterior Features

  • Ditch Type: None
  • Lot Type: Corner, Level, See Remarks
  • Construction Materials:Lap Siding: Stucco

Garage/Parking

  • Total Parking Spaces: 2
  • Parking:Partially Heated Driveway: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Public Septic
  • Cooling: Evaporative Cooling
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, See Remarks
  • Water Source: None

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable

Lot Info

  • Lot Size Sq Ft: 56728.00
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 99204400

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 921.16

MLS Schools

  • Elementary School: Penrose

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $921 $16,525 $0 $0
2023 $921 $12,505 $0 $0
2022 $919 $12,610 $0 $0
2021 $931 $12,973 $0 $0
2020 $672 $10,932 $0 $0
2019 $675 $10,932 $0 $0
2018 $554 $8,990 $0 $0
2017 $555 $8,990 $0 $0
2016 $586 $9,500 $0 $0
2015 $579 $9,500 $0 $0
2012 $616 $9,321 $2,786 $6,535
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $325,000 -3.0% $276 / Sq Ft
06/06/2025 06/06/25 For Sale $335,000 -- $285 / Sq Ft
Source: Royal Gorge Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $220,000 None Available
Special Warranty Deed $220,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- Stewart Title
Warranty Deed $127,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,732 New Conventional
Closed $8,732 Stand Alone Second
Open $218,308 VA
Source: Public Records

Similar Homes in Penrose, CO

  • 772 7th St, Penrose, CO 81240

    $395,000

    • 3 Beds
    • 2 Baths
    • 1,670 Sq Ft
    • 772 7th St
    • Penrose, CO

    Welcome home to this brand new beautiful three bed two full bathroom home on 1.6 acres of land. Entering the home from the covered porch, you are met with a large family room that has tons of windows to showcase the mountain views. Entering into the kitchen, you will find a "mile long" serve across bar island. The kitchen boasts large cabinets and countertop space for all your cooking needs.

    Tyson Cool Properties Of Colorado CC

    Section Image
  • 295 5th St, Penrose, CO 81240

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,152 Sq Ft
    • 295 5th St
    • Penrose, CO

    Ranch-style home situated at the end of a peaceful cul-de-sac on 10 acres, offering expansive mountain views including a glimpse of Pikes Peak’s summit to the north. A circular driveway provides easy access with ample space for RV or trailer parking. Enjoy newer carpeting throughout and mountain views from multiple rooms. The laundry room, located off the kitchen, offers its own exterior access

    Camellia Coray Coldwell Banker Realty

    Section Image
  • 530 Illinois St, Penrose, CO 81240

    $275,000

    • 3 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 530 Illinois St
    • Penrose, CO

    Welcome to this beautifully updated 3 Bedroom 2 Bathroom home on a generous 1/2 acre lot in the charming town of Penrose, CO. Ideally located directly across the street from Penrose park and minutes from highway 115, this property offers peaceful views and easy access to outdoor activities. Whether you're enjoying the park's green spaces or taking advantage of the close proximity to Pueblo,

    Laura Krueck Properties Of Colorado Inc

    Section Image
  • 505 Broadway, Penrose, CO 81240

    $261,000

    • 3 Beds
    • 2 Baths
    • 912 Sq Ft
    • 505 Broadway
    • Penrose, CO

    Cozy 3 Bedroom, 2 Bath Home with 2 car detached garage. Original built in cabinets in main bathroom and hallway. New Water Heater and Furnace installed in January 2024 with Brand New Heat Ducts. Solar installed in January 2024 also. This home is located just a few blocks of school, stores and Penrose Park. Totally fenced in yard for your fur babies. Stop by to see for yourself and you'll be glad

    Peggy Borchers Homesmart Preferred Realty

    Section Image
  • 106 Grant St, Penrose, CO 81240

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,740 Sq Ft
    • 106 Grant St
    • Penrose, CO

    Welcome to your dream home on a corner lot! This beautifully updated residence features three large, inviting bedrooms and two modern bathrooms. As you enter, you'll be greeted by a spacious, light-filled living area with a wood-burning fireplace. The updated kitchen boasts sleek countertops, stainless steel appliances, and ample cabinet space, which opens to a large dining area. The primary

    The Blickenstaff Group Keller Williams Performance Realty

    Section Image
  • 207 Fremont St, Penrose, CO 81240

    $400,000

    • 4 Beds
    • 3 Baths
    • 2,383 Sq Ft
    • 207 Fremont St
    • Penrose, CO

    Charming 4-Bedroom Home with an Efficiency Apartment & Exceptional Features – Prime Central Location! Welcome to this beautifully updated 4-bedroom, 3-bathroom home, perfectly designed for comfort, and flexibility. Situated in a central location just minutes from HWY 115 and HWY 50, this property offers easy access to Colorado Springs, Florence, Caon City, and Pueblo. The main home features fresh

    Sam Banning HomeSmart Preferred Realty

    Section Image
  • 414 4th St, Penrose, CO 81240

    $267,500

    • 2 Beds
    • 1 Bath
    • 860 Sq Ft
    • 414 4th St
    • Penrose, CO

    SW home Holly Palk 1972, Vacant, ready to show, and will still need notice to show. Great easily accessible to half mile to Highway 115, and to Hwy 50. easy shot to Colo Springs / Fort Carson. Go South on Hwy 115 to Westcliffe, beautiful area for Hunting Back Trekking Mountain climbing etc... Hwy 50 East to Pueblo Close to PUEBLO and West To Canon City, Salida. Post

    Hoshi Mistry Keller Williams Performance Realty

    Section Image
  • 12 Grant St, Penrose, CO 81240

    $385,000

    • 3 Beds
    • 2 Baths
    • 1,630 Sq Ft
    • 12 Grant St
    • Penrose, CO

    Home sweet home! A perfect home that has a little bit of everything for you and yours! This 3 bedroom, 2 bathroom home is better than new and shows it when you first walk in. Split-bedroom design with large rooms and vaulted ceilings. Master bedroom with full bath en-suite boasting marble surround and double closets. Beautiful vinyl flooring and 2 panel doors, large central living room and

    Brandon Angel Keller Williams Performance Realty

    Section Image
  • 359 8th St, Penrose, CO 81240

    $347,900

    • 3 Beds
    • 2 Baths
    • 1,500 Sq Ft
    • 359 8th St
    • Penrose, CO

    Welcome to your new home! This stunning new build offers the perfect blend of modern amenities and design, featuring 3 bedrooms, 2 full bathrooms. Nestled within walking distance of Penrose Elementary School, close to Canon City, Pueblo, and Colorado Springs. Step inside to an open concept split bedroom design that seamlessly flows from room to room. The heart of the home boasts large granite

    Louise Young Properties Of Colorado Inc

    Section Image

Source: Royal Gorge Association of REALTORS®

MLS Number: 8073136

Royal Gorge Association of REALTORS®

APN: 000099204400